What Does it Mean to be a Disciplined Trader? What does it mean to be a disciplined trader? Notice I said ‘be’ a disciplined trader, not try to be one. This makes the important distinction that the act of being a disciplined trader is not something we can will ourselves to do. Discipline is best […]
Discipline in The Markets Read More »
Month by Month Overview January Honestly underwhelmed looking back on my monthly review. It is crazy how much improvement can take place within ~ 11 months. At this point in the year I was still trading a losing strategy, had lots of holes in my psychology resulting from that, and hadn’t yet developed a
2023 Trading Review: What Did I do Well, What Can I Do Better? Read More »
Habits That Compound Growth To paraphrase Dr Brett Steenbarger, the dual focus of a successful trader is that of constantly working on yourself while simultaneously working on your trading. In my estimation, trading performance is more correlated to our overall well being than most would like to admit. By first becoming aware of this, we
Baseline Performance Read More »
“Pursue your development the right way: first find and copy the masters and then hold onto pieces of what they teach you that truly resonate. Those are the practices that mesh with your strengths and that ultimately hold the greatest potential for your performance. Others won’t hear your music and may view you as a
Mastery in Trading (apprenticeship to mastery) Read More »
Tightening of monetary policy and rising interest rates led to accumulated stress on the banking system which resulted in bank failures, which led to buying in gold related products, like $GLD SPDR Gold Shares
Gold Safe Haven Trade – GLD Read More »
new markets, new patterns A topic that has been on my mind as we approach the New Year that warrants a blog post is that of adapting to changing markets, inspired by Dr. Brett Steenbarger’ s Trading Psychology 2.0. In an ABCD approach to covering the aspects of the new psychological approach to markets, ‘A’ is
Adapting to Evolving Markets Read More »
A good decision When we think about good trades and break down the components of a good trade, what it really comes down to is a decision to buy or sell a security. It is for this reason that having a good decision making process is essential to developing as a trader. A decision should
High Quality Decision Making Read More »
Looking for confluence In trading, it is a common aim of traders to look for confluence amongst the variables in a given setup that tilt the risk to reward ratio in their favor. Doing so allows them to trade bigger and with more confidence because they have observed multiple “checkpoints” that favor their bias in
How Well Being Affects Trader Performance Read More »
habits that compound growth To paraphrase Dr Brett Steenbarger, the dual focus of a successful trader is that of constantly working on yourself while simultaneously working on your trading. In my estimation, trading performance is more correlated to our overall well being than most would like to admit. By first becoming aware of this, we
Improving baseline performance Read More »
Daily report card | 6.30 | b weekly goal- finding the best stocks to trade. auto suggestion- only take trades where you have an edge and can appropriately manage your risk pre market preparation trading plan (click text for trading plan) $QQQ Daily $QQQ 30 Minute Ideal Mindset Grade: 90% (Journal kept seperate) trade reviews
Daily Report Card 6.30 Read More »